India, Sept. 5 -- Malpani Pipes and Fittings Limited (BSE-SME: 544351) has announced a business partnership with China-based Yongkang Gaocheng Power Tools Co. Ltd., a leading manufacturer of power tools and agricultural machinery.
Under a sole distributorship agreement for the Indian market, Malpani will introduce a wide range of products under the BST (value segment) and Gaocheng Pro (premium segment) brands. The portfolio will include agricultural equipment, power tools, garden and plantation machinery, and construction and demolition tools.
The company emphasized that this move is not diversification into unrelated businesses but a strategic cross-selling initiative that enhances its existing product basket. Malpani plans to leverage i...